Group 1 - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum [2] Group 2 - Sangoma Technologies Corporation (SANG) is highlighted as a strong candidate for investment, showing a four-week price change of 25.8% [3] - SANG has demonstrated positive returns over a longer timeframe, gaining 2% over the past 12 weeks, with a beta of 1.41 indicating significant volatility [4] - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [5] Group 3 - SANG has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [6] - The stock is currently trading at a Price-to-Sales ratio of 0.85, indicating it is undervalued at 85 cents for each dollar of sales [6] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7]
Despite Fast-paced Momentum, Sangoma Technologies Corporation (SANG) Is Still a Bargain Stock